🏠The Assumable Guy

Loan Comparison: 4.17% vs 6.5%

9797 Mayfair, Englewood, CO 80112 · 2bd/2ba · $356,000

List Price
$356,000
Assumable Rate
4.17%
Remaining Balance
$366,864
Equity Gap
$3,246
Loan Type
FHA

No Secondary Financing Needed

The equity gap on this property ($3,246) is less than 5% of the purchase price ($17,800). Your down payment covers the full gap with no second mortgage required.

Down Payment
$3,246
Effective Rate
4.17%
vs Conventional
6.5%

Monthly Payment Comparison

New Conventional @ 6.5%
$2,138/mo
Assumable @ 4.17%
$1,788/mo
$350less per month with the assumable

Your Savings on This Property

9797 Mayfair, Englewood · 4.17% FHA vs 6.5% conventional

$350
per month
$4,201
per year
$126,016
over 30 years
$154,680
interest saved
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